REG - SolGold PLC - Results of the 2022 AGM

SolGoldAnnouncement

23/12/2022 07:00

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RNS Number : 7012K  SolGold PLC  23 December 2022

23 December 2022

SolGold plc

("SolGold" or the "Company")

Results of Annual General Meeting

 

The Board of SolGold (LSE & TSX: SOLG) confirms that all resolutions put
to shareholders at the Annual General Meeting were conducted via a poll, where
the proxy votes received ahead of the meeting were combined with votes cast at
the meeting.

The meeting was held in Brisbane, Australia and virtually via the Lumi
platform on 22 December 2022.

A breakdown of the poll result for each resolution put to the Meeting is set
out below:

 Resolutions                              Votes for (1)  % (2)  Votes against  % (2)  Abstain (3)
 Ordinary Business
 1, STATEMENTS & REPORTS                  1,889,573,050  99.91  1,722,522      0.09   647,704
 2, DIRECTORS' REMUNERATION               1,703,343,678  90.07  187,721,574    9.93   878,024
 3, RE-ELECT MR. L TWIGGER                1,752,172,166  92.64  139,216,341    7.36   346,518
 4, RE-ELECT MR. N MATHER                 1,206,803,168  63.80  684,842,339    36.20  89,518
 5, RE-ELECT MS. M ALBAN                  1,797,148,192  95.07  93,108,236     4.93   1,478,597
 6, RE-ELECT MR. J CLARE                  1,087,936,342  57.55  802,342,107    42.45  1,456,576
 7, ELECT MR. S CALDWELL                  1,247,948,370  65.98  643,361,037    34.02  425,618
 8, ELECT MR. D VUJCIC                    1,157,386,450  61.19  733,922,957    38.81  425,618
 9, RE-APPOINT PwC AUDITORS               1,886,770,490  99.78  4,154,035      0.22   1,393,738
 10, AUDITOR REMUNERATION                 1,891,053,001  99.94  1,212,202      0.06   53,060
 11, AUTHORITY TO ALLOT SHARES            1,297,230,141  68.81  588,105,911    31.19  1,458,430
 Special Business
 12, DISAPPLY PRE-EMPTION RIGHTS          1,262,773,530  66.98  622,399,054    33.02  1,722,898
 13, FURTHER DISAPPLY PRE-EMPTION RIGHTS  1,258,699,611  66.77  626,469,807    33.23  1,726,064

Notes:

1.        Any proxy appointments which gave discretion to the Chairman
or management have been included in the "for" total.

2.        As a percentage of the aggregate of votes "for" plus votes
"against".

3.        An abstention is not counted towards the votes cast "for" or
"against" a resolution.

 

The Board notes certain resolutions attracted greater than 20% of votes cast
against the resolution. The Board further notes that if the shares held
directly and indirectly by certain major shareholders were excluded, all
resolutions would have passed with over 80% of the votes cast in favour of the
resolutions.

 

This announcement was approved for release by Rufus Gandhi - Company
Secretary.

Certain information contained in this announcement would have been deemed
inside information.

CONTACTS

 Rufus Gandhi

 SolGold Plc (Company Secretary)                                     Tel: +61 (0) 7 3180 3823

 Fawzi Hanano/Lia Abady

 SolGold Plc (Investors/Communication)                               Tel: +44 (0) 20 3823 2130

 investors@solgold.com.au (mailto:investors@solgold.com.au)
 /info@solgold.com.au (mailto:info@solgold.com.au)

 Tavistock (Media)

 Jos Simson/Gareth Tredway                                           Tel: +44 (0) 20 7920 3150

ABOUT SOLGOLD

SolGold is a leading resources company focussed on the discovery, definition
and development of world-class copper and gold deposits and continues to
strive to deliver objectives efficiently and in the interests of shareholders.
SolGold is exploring the length and breadth of the highly prospective and
gold-rich section of the Andean Copper Belt which is currently responsible for
c40% of global mined copper production.

The Company operates with transparency and in accordance with international
best practices. SolGold is committed to delivering value to its shareholders,
while simultaneously providing economic and social benefits to impacted
communities, fostering a healthy and safe workplace and minimizing the
environmental impact.

SolGold is listed on the London Stock Exchange and Toronto Stock Exchange
(LSE/TSX: SOLG). The Company has on issue a total of 2,476,051,501 fully paid
ordinary shares and 42,250,000 share options.

See www.solgold.com.au (http://www.solgold.com.au) for more information.
Follow us on twitter @SolGold plc

 

CAUTIONARY NOTICE

News releases, presentations and public commentary made by SolGold plc (the
"Company") and its Officers may contain certain statements and expressions of
belief, expectation or opinion which are forward looking statements, and which
relate, inter alia, to interpretations of exploration results to date and the
Company's proposed strategy, plans and objectives or to the expectations or
intentions of the Company's Directors, including the plan for developing the
Project currently being studied as well as the expectations of the Company as
to the forward price of copper. Such forward-looking and interpretative
statements involve known and unknown risks, uncertainties and other important
factors beyond the control of the Company that could cause the actual
performance or achievements of the Company to be materially different from
such interpretations and forward-looking statements.

Accordingly, the reader should not rely on any interpretations or
forward-looking statements; and save as required by the exchange rules of the
TSX and LSE or by applicable laws, the Company does not accept any obligation
to disseminate any updates or revisions to such interpretations or
forward-looking statements. The Company may reinterpret results to date as the
status of its assets and projects changes with time expenditure, metals prices
and other affecting circumstances.

This release may contain "forward‑looking information" within the meaning of
applicable Canadian securities legislation. Forward‑looking information
includes, but is not limited to, statements regarding the Company's plans for
developing its properties. Generally, forward‑looking information can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate",
or "believes", or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved".

Forward‑looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially
different from those expressed or implied by such forward‑looking
information, including but not limited to: transaction risks; general
business, economic, competitive, political and social uncertainties; future
prices of mineral prices; accidents, labour disputes and shortages and other
risks of the mining industry. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended.  There
can be no assurance that such information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in
such statements. Factors that could cause actual results to differ materially
from such forward-looking information include, but are not limited to, risks
relating to the ability of exploration activities (including assay results) to
accurately predict mineralization; errors in management's geological modelling
and/or mine development plan; capital and operating costs varying
significantly from estimates; the preliminary nature of visual assessments;
delays in obtaining or failures to obtain required governmental, environmental
or other required approvals; uncertainties relating to the availability and
costs of financing needed in the future; changes in equity markets; inflation;
the global economic climate; fluctuations in commodity prices; the ability of
the Company to complete further exploration activities, including drilling;
delays in the development of projects; environmental risks; community and
non-governmental actions; other risks involved in the mineral exploration and
development industry; the ability of the Company to retain its key management
employees and skilled and experienced personnel; and those risks set out in
the Company's public documents filed on SEDAR at www.sedar.com
(http://www.sedar.com) . Accordingly, readers should not place undue reliance
on forward‑looking information. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.

The Company and its officers do not endorse, or reject or otherwise comment on
the conclusions, interpretations or views expressed in press articles or
third-party analysis.

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